This mental giant just said that President's are not historically responsible for the positives and negatives that occur during their tenure. Yet every day he posts negatives that he would like us to attribute to Biden.
Does any have any doubt that on all economic measures of employment, private employment, median salary, deficit, stock market results and GNP the country has done much better under democrat presidents versus Republican presidents. This true for the last 50 years and for the last 70 years.
Is there anyone who doesn't know this?
While this is undeniably true, most of the reason for that has been good fortune. As examples, Clinton took over after a shallow recession under Bush...nowhere to go but up after a recession. Obama had growth almost from Day 1 simply because he took over at the height of the Great Recession. Biden, after having inflation spike, has seen that fall like a rock and the unemployment rate stay below "full employment" rate simply because we moved further away from the pandemic and all the havoc it created at the end of Trump's Presidency. While Obama made no economic mistakes, and Biden hasn't yet done so, neither of them did anything to create the economic successes they enjoyed/enjoy. It coud be fairly argued that Clinton helped create the housing crisis that happened while Bush was in office...though it wasn't ALL Clinton that created that.
It is quite a coincidence then that the economy has tanked under numerous Republican presidents and has been restored under democratic presidents.
When I glanced through a reliable article on the actual numbers, I was shocked at how clear cut this pattern was on so I many indices of economic health, GNP, median salary, deficit, unemployment rates, etc. I may post later if I feel like it to list them. Keep in mind this doesn't refer to one or two presidencies but it's an established long term pattern.
It's hard to dismiss it all as just luck. My theory is that the Dems put more money into the middle and lower economic groups. These groups spend a very high percentage of their money which creates an instant demand for products which stimulates business. Sending money to the big business or the top 5 % won't stimulate business or investment if there is no demand for product.
If one is concerned about the economy, one should never vote Republican (based on past performances).
Here's what R policies would bring: Deep recession, massive inflation.
Repubs would put a 10% tariff on everything imported AND stop the inflow of new workers. The result would be first massive inflation (people would pay the tariffs plus higher wages for goods) and then a grinding recession/depression because without growth in # of workers there will be no economic growth.
Liz Ann Sonders @LizAnnSonders Since February 2020, almost 100% of growth in U.S. labor force has been from foreign-born individuals (blue) ... native-born individuals (orange) have contributed to growth, but marginally
Sleepy Joe's economy is terrible for anyone that actually works for a living. Inflation was an absolute killer and slowing the inflation rate doesn't do anything to actually reduce prices.
Prices today are still waaaaaaay higher than when they were on his first day in office. Bidenomics is still battering & bruising millions of tushies.
#FJB
You are a moron.
I work for a living, and I'm very substantially better off than I was when Biden came into office. I don't actually think JRB had much to do with it, but his policies certainly did not put me into a net-negative position.
But I don't judge the economy based on my individual anecdotal situation, and other people shouldn't either. I follow a number of macro statistics, and those lead me to believe that the economy for the whole country is doing pretty well. (Will there nevertheless be some people who're not doing well? Oh, you mean as there are in *every* economy? Well, duh. Yes, sure.)
And these folks who're saying "prices need to go back to where they were in 2019!" hand me a laugh. Why not pick 2010? Or 1960, for that matter? In nominal terms, gas prices were a *lot* lower then!
In May 2018 the average price of gas was just shy of $3 a gallon. Call it $2.98. Then, even if we'd had only the "ideal" inflation of 2% for the last 5 1/2 years, a gallon would cost just over $3.30 now. Actual current average price in the USA? Three dollars and fifteen cents. https://gasprices.aaa.com
I work for a living, and I'm very substantially better off than I was when Biden came into office. I don't actually think JRB had much to do with it, but his policies certainly did not put me into a net-negative position.
But I don't judge the economy based on my individual anecdotal situation, and other people shouldn't either. I follow a number of macro statistics, and those lead me to believe that the economy for the whole country is doing pretty well. (Will there nevertheless be some people who're not doing well? Oh, you mean as there are in *every* economy? Well, duh. Yes, sure.)
And these folks who're saying "prices need to go back to where they were in 2019!" hand me a laugh. Why not pick 2010? Or 1960, for that matter? In nominal terms, gas prices were a *lot* lower then!
In May 2018 the average price of gas was just shy of $3 a gallon. Call it $2.98. Then, even if we'd had only the "ideal" inflation of 2% for the last 5 1/2 years, a gallon would cost just over $3.30 now. Actual current average price in the USA? Three dollars and fifteen cents.
yes, the economy is doing well by virtually all measures.
And people want to pretend that COVID has had no impact on the US economy. "There was no inflation in 2019 so let's vote for Trump" is the dumbest possible timeline.
COVID caused almost all of the inflation, not bidenomics. Global supply chains were shut, people saved gazillions, and then post-COVID people wanted to spend those gazillions but supply chains were wounded. Hence, much higher prices.
Full stop. Can't blame Biden for inflation when the whole world had the same problem and it's so much better now.
Yes, stimulus had some responsibility but trump did that too - any US government leader would. But it was a much smaller piece than the supply chain and savings problem.
This post was edited 1 minute after it was posted.
This is how to run a country. Eliminate the government fat/excess and allow the economy to flourish. This is the template for Trump to follow.
REMARKABLE! In his first act, newly sworn President of Argentina, Javier Milei, signs an executive order reducing the Argentine government from 21 Departments to 9. A major reduction of bureaucracy and overhead. Impressive. pic.twitter.com/F08Z0E0Feu
Today the GOP will meet with Hungarian Dictator Orban as he acts as a cut out for Vlad Putin. The goal will be to continue to push the GOP to stop funding Ukraine which would deliver Ukraine into Russian hands. Keep in mind, If the Russian tanks roll victorious through Kiev the GOP would be the first to blame Biden for this.
But a more subtler point is that the US population is getting primed daily to accept authoritarianism as a new form of government under the guise of libertarianism. We see it all across right wing media (Bannon, Flynn, Kirk etc) as they side with Putin. Even our own right wingers claim they are libertarians yet fully support Trump, the GOP and every authoritarian policy they roll out. Every Authoritarian fascist has disguised themselves as populist, libertarians.
This mental giant just said that President's are not historically responsible for the positives and negatives that occur during their tenure. Yet every day he posts negatives that he would like us to attribute to Biden.
A-Dolt is an imbecile. Don't be like A-Dolt.
I didn't say they had nothing to do with it I said you can't completely ignore the context and just blindly give credit or blame because they are in the chair.
The current problem with the economy is inflation and Biden policies DIRECTLY increased inflation.
Please keep in mind that you're too stupid to understand anything.
I work for a living, and I'm very substantially better off than I was when Biden came into office. I don't actually think JRB had much to do with it, but his policies certainly did not put me into a net-negative position.
But I don't judge the economy based on my individual anecdotal situation, and other people shouldn't either. I follow a number of macro statistics, and those lead me to believe that the economy for the whole country is doing pretty well. (Will there nevertheless be some people who're not doing well? Oh, you mean as there are in *every* economy? Well, duh. Yes, sure.)
And these folks who're saying "prices need to go back to where they were in 2019!" hand me a laugh. Why not pick 2010? Or 1960, for that matter? In nominal terms, gas prices were a *lot* lower then!
In May 2018 the average price of gas was just shy of $3 a gallon. Call it $2.98. Then, even if we'd had only the "ideal" inflation of 2% for the last 5 1/2 years, a gallon would cost just over $3.30 now. Actual current average price in the USA? Three dollars and fifteen cents.
yes, the economy is doing well by virtually all measures.
And people want to pretend that COVID has had no impact on the US economy. "There was no inflation in 2019 so let's vote for Trump" is the dumbest possible timeline.
COVID caused almost all of the inflation, not bidenomics. Global supply chains were shut, people saved gazillions, and then post-COVID people wanted to spend those gazillions but supply chains were wounded. Hence, much higher prices.
Full stop. Can't blame Biden for inflation when the whole world had the same problem and it's so much better now.
Yes, stimulus had some responsibility but trump did that too - any US government leader would. But it was a much smaller piece than the supply chain and savings problem.
Actual Americans dispute this is in every poll that's been done.
You are 100% delusional.
COVID didn't cause Biden to spend $14 TRILLION we didn't have on some of the dumbest sh*t imaginable.
While this is undeniably true, most of the reason for that has been good fortune. As examples, Clinton took over after a shallow recession under Bush...nowhere to go but up after a recession. Obama had growth almost from Day 1 simply because he took over at the height of the Great Recession. Biden, after having inflation spike, has seen that fall like a rock and the unemployment rate stay below "full employment" rate simply because we moved further away from the pandemic and all the havoc it created at the end of Trump's Presidency. While Obama made no economic mistakes, and Biden hasn't yet done so, neither of them did anything to create the economic successes they enjoyed/enjoy. It coud be fairly argued that Clinton helped create the housing crisis that happened while Bush was in office...though it wasn't ALL Clinton that created that.
It is quite a coincidence then that the economy has tanked under numerous Republican presidents and has been restored under democratic presidents.
When I glanced through a reliable article on the actual numbresidentsers, I was shocked at how clear cut this pattern was on so I many indices of economic health, GNP, median salary, deficit, unemployment rates, etc. I may post later if I feel like it to list them. Keep in mind this doesn't refer to one or two presidencies but it's an established long term pattern.
It's hard to dismiss it all as just luck. My theory is that the Dems put more money into the middle and lower economic groups. These groups spend a very high percentage of their money which creates an instant demand for products which stimulates business. Sending money to the big business or the top 5 % won't stimulate business or investment if there is no demand for product.
If one is concerned about the economy, one should never vote Republican (based on past performances).
The economy is a complicated issue, and it has been a global economy my entire life. US Presidents don't have the power to affect the economy to the level you think they do. It is even more difficult for them to do so when things have to go through the House and the Senate which often are ruled by the opposing party. Even when a policy goes into effect that can help the economy, the result is not immediate. While I DO think that the way Democrats view taxes, the poor, the wealthy, is the right way to do so, there are long-term benefits to what they have done, not immediate ones.
Within reason, I would like to see EITHER party become fiscally responsible. Neither party does it when they are in power. Republicans used to be known as the party of fiscal responsibility, but they never did anything to earn that moniker. Democrats have been a little better actually, but BOTH parties suck at fiscal responsibility.
yes, the economy is doing well by virtually all measures.
And people want to pretend that COVID has had no impact on the US economy. "There was no inflation in 2019 so let's vote for Trump" is the dumbest possible timeline.
COVID caused almost all of the inflation, not bidenomics. Global supply chains were shut, people saved gazillions, and then post-COVID people wanted to spend those gazillions but supply chains were wounded. Hence, much higher prices.
Full stop. Can't blame Biden for inflation when the whole world had the same problem and it's so much better now.
Yes, stimulus had some responsibility but trump did that too - any US government leader would. But it was a much smaller piece than the supply chain and savings problem.
Actual Americans dispute this is in every poll that's been done.
You are 100% delusional.
COVID didn't cause Biden to spend $14 TRILLION we didn't have on some of the dumbest sh*t imaginable.
Want to save face and re-think your dollar amount there? I THINK you can do it!
You are also a moron. The economy is fantastic. Jobs for anyone who wants one, and people are spending like there's no tomorrow this holiday season, because they are confident in their continued employment.
Actual Americans dispute this is in every poll that's been done.
You are 100% delusional.
COVID didn't cause Biden to spend $14 TRILLION we didn't have on some of the dumbest sh*t imaginable.
Want to save face and re-think your dollar amount there? I THINK you can do it!
You don't think at all.
Has Biden not run historic deficits every single year?
$2.7 TRILLION in 2021.
$1.3 TRILLION in 2022.
$1.7 TRILLION in 2023.
The deficit will be at least $1.7 TRILLION in 2024.
That's $7.4 TRILLION printed and flushed straight down the toilet before we even get to the non-deficit spending. Most of which is wasted and NONE of which we can afford because we're $34 TRILLION in debt.
WASHINGTON—Rudy Giuliani’s legal and financial woes could worsen this week, with a District of Columbia jury considering whether the former Trump lawyer should pay tens of millions of dollars for falsely accusing two Georgia election workers of rigging the November 2020 presidential election.
U.S. District Judge Beryl Howell, who has overseen the case for two years, already found Giuliani liable for defaming Ruby Freeman and her daughter, Shaye Moss, who were at the center of postelection conspiracy theories.
In an unusual Aug. 30 ruling, Howell said that Giuliani repeatedly flouted his obligations to turn over evidence in the case and that this “willful discovery misconduct” was egregious enough to warrant an automatic judgment against him. Lawyers refer to such default judgments as “death-penalty sanctions” because they effectively end cases, with only damages left to be determined.
A jury will consider whether the former Trump lawyer should pay tens of millions of dollars for falsely accusing two Georgia election workers of rigging the November 2020 presidential election.
Want to save face and re-think your dollar amount there? I THINK you can do it!
You don't think at all.
Has Biden not run historic deficits every single year?
$2.7 TRILLION in 2021.
$1.3 TRILLION in 2022.
$1.7 TRILLION in 2023.
The deficit will be at least $1.7 TRILLION in 2024.
That's $7.4 TRILLION printed and flushed straight down the toilet before we even get to the non-deficit spending. Most of which is wasted and NONE of which we can afford because we're $34 TRILLION in debt.
Has Biden not run historic deficits every single year?
$2.7 TRILLION in 2021.
$1.3 TRILLION in 2022.
$1.7 TRILLION in 2023.
The deficit will be at least $1.7 TRILLION in 2024.
That's $7.4 TRILLION printed and flushed straight down the toilet before we even get to the non-deficit spending. Most of which is wasted and NONE of which we can afford because we're $34 TRILLION in debt.
You didn't say 7.4 trillion though did you?
EVERYTHING A-Dolt says is BS . IT is no secret why he spends his days defending and deflecting from Trump.
But it is amusing to watch right wingers become concerned deficit hawks ONLY when the other guy is in power.
WASHINGTON—Rudy Giuliani’s legal and financial woes could worsen this week, with a District of Columbia jury considering whether the former Trump lawyer should pay tens of millions of dollars for falsely accusing two Georgia election workers of rigging the November 2020 presidential election.
U.S. District Judge Beryl Howell, who has overseen the case for two years, already found Giuliani liable for defaming Ruby Freeman and her daughter, Shaye Moss, who were at the center of postelection conspiracy theories.
In an unusual Aug. 30 ruling, Howell said that Giuliani repeatedly flouted his obligations to turn over evidence in the case and that this “willful discovery misconduct” was egregious enough to warrant an automatic judgment against him. Lawyers refer to such default judgments as “death-penalty sanctions” because they effectively end cases, with only damages left to be determined.
Seriously, it is easy to make fun of Trump for having Rudy run the point for all his election fraud BS. But you have to remember that the entire Right wing embraced him as well. There wasn't a day that went by when he was not on multiple cable news shows as an election expert.
WASHINGTON—Rudy Giuliani’s legal and financial woes could worsen this week, with a District of Columbia jury considering whether the former Trump lawyer should pay tens of millions of dollars for falsely accusing two Georgia election workers of rigging the November 2020 presidential election.
U.S. District Judge Beryl Howell, who has overseen the case for two years, already found Giuliani liable for defaming Ruby Freeman and her daughter, Shaye Moss, who were at the center of postelection conspiracy theories.
In an unusual Aug. 30 ruling, Howell said that Giuliani repeatedly flouted his obligations to turn over evidence in the case and that this “willful discovery misconduct” was egregious enough to warrant an automatic judgment against him. Lawyers refer to such default judgments as “death-penalty sanctions” because they effectively end cases, with only damages left to be determined.
Seriously, it is easy to make fun of Trump for having Rudy run the point for all his election fraud BS. But you have to remember that the entire Right wing embraced him as well. There wasn't a day that went by when he was not on multiple cable news shows as an election expert.
Has Biden not run historic deficits every single year?
$2.7 TRILLION in 2021.
$1.3 TRILLION in 2022.
$1.7 TRILLION in 2023.
The deficit will be at least $1.7 TRILLION in 2024.
That's $7.4 TRILLION printed and flushed straight down the toilet before we even get to the non-deficit spending. Most of which is wasted and NONE of which we can afford because we're $34 TRILLION in debt.
You didn't say 7.4 trillion though did you?
You're correct I was way off.
Biden is going to spend about $10 TRILLION in 2023 alone.
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